Koutalidis has advised Piraeus Bank on a secured bond loan issuance of up to EUR 275 million by Aktor Concessions, with Piraeus Bank acting as both bondholder agent and paying agent, and subscribing to the full amount.
According to Koutalidis, a first drawdown of EUR 177 million was completed on January 28, 2025. Proceeds from the bond loan will be used for refinancing Aktor Concessions’ existing debt and for general corporate purposes.
In 2023, Koutalidis advised Aktor Concessions and Intrakat on PPP project financing for West Peloponnese Road (as reported by CEE Legal Matters on August 4, 2023).
The Koutalidis team included Partner Ioannis Kaptanis, Counsel Dimitris Kalyvas, and Associates Nike Konidaris, Marina Angoura, and Gerasimos Siokos.
Koutalidis did not respond to our inquiry on the matter.
